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Airbnb’s mixed Q3 results: Nights booked soar but profit falls short
Reading Time: 3 minutesUS: Airbnb posted a mixed set of results in its fourth quarter earnings report, with a noticeable uptick in revenue and nights and experiences booked but a sizeable downturn in net income.
Airbnb unveils Co-Host Network in 2024 Winter Release
Reading Time: 3 minutesUS: Airbnb has unveiled its much-anticipated Co-Host Network to help its hosts who have little time on their hands find the best local hosts to manage their property.
Airbnb to expand into co-hosting and relaunch Experiences
Reading Time: 2 minutesUS: Airbnb CEO Brian Chesky has hinted that the home-sharing firm will branch out into new products and services, such as co-hosting, and relaunch its Experiences program in 2025, as part of the company’s second quarter earnings call.
Airbnb reports defiant outlook in “inflection year” despite Q4 losses
Reading Time: 3 minutesUS: Airbnb has projected a defiant outlook for the year ahead which it views as an “inflection point” for the business, despite posting an unexpectedly high loss for the fourth quarter of 2023 in its latest earnings report.
Airbnb to undergo senior team reshuffle
Reading Time: 2 minutesUS: Airbnb has announced that it is reshuffling its executive leadership team, including the creation of a new chief business officer role, the appointment of a new chief financial officer, and the upcoming departure of a long-serving executive.
Airbnb sees rise in bookings but warns of Delta variant impact
Reading Time: 2 minutesUS: In its latest earnings report, Airbnb has reported a 320 per cent increase in bookings this summer, but has warned that reservations over the autumn and winter could be heavily disrupted by the escalating outbreak of the Delta variant of the coronavirus in the United States. While the global booking platform posted a surge […]
Airbnb achieves profitability for second year in a row
Reading Time: 2 minutesUS: Airbnb, which is set to go public this year, said it was profitable on an EBITDA basis for the second consecutive year in 2018. In Q3 2018, Airbnb said it had its strongest quarter ever, where it saw “substantially more” than $1 billion in revenue. The following quarter, Airbnb found a replacement for former […]
Airbnb names Amazon’s Dave Stephenson as its chief financial officer
Reading Time: 2 minutesWorldwide: Airbnb has ended its 10-month search for a new chief financial officer after it named Amazon finance executive Dave Stephenson in the position. Stephenson, a long-time executive at Amazon, was responsible for overseeing the finances of the company’s worldwide consumer business. He is now expected to take up the role of leading Airbnb’s potential […]